INTRO Q2 Unit Review Task 47-50

Question 1

Which function of management includes guiding day-to-day tasks by providing leadership?

Accepted Answer

directing

Question 2

True or False: leadership traits include motivation, confidence, communication, and integrity.

Accepted Answer

True

Question 3

Exxon-Mobil is an example of which kind of business?

Accepted Answer

extractor

Question 4

An advantage of a partnership is:

Accepted Answer

combined skills

Question 5

Which type of business ownership provides training and a guaranteed geographic territory?

Accepted Answer

franchise

Question 6

Which function of management includes monitoring quality standards and problem solving?

Accepted Answer

controlling

Question 7

Dick's Sporting Goods is an example of which kind of business?

Accepted Answer

marketer

Question 8

Ford is an example of which kind of business?

Accepted Answer

manufacturer

Question 9

Which kind of business connects products with consumers?

Accepted Answer

marketer

Question 10

Which function of management includes gathering resources and hiring & staffing decisions?

Accepted Answer

organizing

Question 11

An advantage of a sole proprietorship is that it is:

Accepted Answer

easy to start

Question 12

An advantage of a corporation is:

Accepted Answer

living forever

Question 13

Which kind of business converts raw materials into a form that consumers can use?

Accepted Answer

manufacturer

Question 14

Which type of business ownership can have up to 35 shareholders?

Accepted Answer

S-Corporation

Question 15

Which function of management includes setting goals & objectives?

Accepted Answer

planning

Questions 15